Morin: AI chip oversupply will lead to GPUs selling at 30% value
Steeve Morin · Steeve Morin: Why Google Will Win the AI Arms Race & OpenAI Will Not | E1262 · 20VC with Harry Stebbings · Feb 24, 2025 · at 24:31
Steeve Morin is the founder and CEO of ZML. He predicts a GPU oversupply crisis where debt-financed data centers will be liquidated at steep discounts.
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“I very much worry there will be an oversupply of these chips. The problem is, is that, you know, remember, the chips are the collateral. So, you know, somewhere, you know, in the US or whatever, there's going to be a data center with like a thousand GPUs that people may buy, you know, 30 cents on the dollar, you know, I don't know, but This is what I, you know, this is what might happen.”
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